Alderley vs Chevallum

For units, Alderley sits at a median of $855K against $1.1M in Chevallum, which makes Alderley the more affordable unit market and Chevallum the pricier one.

On cash flow, Alderley leads: houses there return a gross rental yield of 2.46%, compared with 1.93% in Chevallum, a gap of 0.53 percentage points.

Over the past year house prices moved +12.7% in Alderley and +11.1% in Chevallum, so recent momentum favours Alderley, although both suburbs recorded growth.

Looking back three years, Alderley houses are +35.9% and Chevallum houses +30.6%, so Alderley has compounded faster than Chevallum over the longer window.

Rental vacancy is 1.8% in Alderley and 8.4% in Chevallum, so landlords in Alderley face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Alderley is the bigger suburb, with a population of 6,748 against 467, roughly 14 times the size of Chevallum; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alderley for rental income, Alderley for recent price momentum, Alderley for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.